CIRCOR International (CIR) Releases Q4 Earnings Guidance

CIRCOR International (NYSE:CIR) issued an update on its fourth quarter earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $0.48-0.51 for the period, compared to the Thomson Reuters consensus estimate of $0.48. The company issued revenue guidance of $167-170 million, compared to the consensus revenue estimate of $168.29 million.

Shares of CIRCOR International (CIR) traded up $0.64 during midday trading on Friday, reaching $50.20. The company’s stock had a trading volume of 8,943 shares, compared to its average volume of 99,025. The firm has a market capitalization of $799.45, a P/E ratio of 29.91 and a beta of 1.62. The company has a current ratio of 3.20, a quick ratio of 1.85 and a debt-to-equity ratio of 0.58. CIRCOR International has a 1 year low of $42.25 and a 1 year high of $68.76.

A number of equities analysts have weighed in on CIR shares. Zacks Investment Research raised CIRCOR International from a sell rating to a hold rating in a research report on Tuesday, October 31st. Stifel Nicolaus lowered their price target on CIRCOR International from $66.00 to $57.00 and set a buy rating on the stock in a research report on Monday, October 30th. ValuEngine downgraded CIRCOR International from a hold rating to a sell rating in a research report on Saturday, February 17th. Finally, KeyCorp raised CIRCOR International from a sector weight rating to an overweight rating and set a $53.00 price target on the stock in a research report on Monday, November 6th. Three investment analysts have rated the stock with a sell rating and five have assigned a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of $61.33.

COPYRIGHT VIOLATION WARNING: “CIRCOR International (CIR) Releases Q4 Earnings Guidance” was originally posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this article on another site, it was copied illegally and reposted in violation of U.S. & international copyright laws. The correct version of this article can be accessed at https://www.dispatchtribunal.com/2018/02/23/circor-international-cir-releases-q4-earnings-guidance.html.

About CIRCOR International

CIRCOR International, Inc (CIRCOR) designs, manufactures and markets engineered products and sub-systems for markets, including oil and gas, aerospace, power and process, and industrial solutions. The Company operates through two segments: CIRCOR Energy (Energy segment (Energy)) and CIRCOR Advanced Flow Solutions (Advanced Flow Solutions segment (AFS)).

Earnings History and Estimates for CIRCOR International (NYSE:CIR)

Receive News & Ratings for CIRCOR International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CIRCOR International and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply